Norwest holdouts fold after duster

MINERAL Resources' stake in Norwest Energy has closed at just under 80% this week, up from 76% just as questions over the resource potential of their shared gas field loom after an unsuccessful well.

Norwest's company-making Locker Deep-1

14 April 2023
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Its holdings rose yesterday to 77.6% and now sit at 79.53%.

It once again extended the all-scrip takeover offer at the very end of last month.

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